CHINA EUROPE INTERNATIONAL BUSINESS SCHOOL
A NATO summit and mending EU relations are among first tasks for new UK leader Keir Starmer
British Prime Minister Keir Starmer has been appointed to a new government after a six-week election campaign. Starmer, who has never served in or led a government, has a plethora of lawmakers to choose from, including Treasury chief Rachel Reeves and the new foreign secretary David Lammy. He wants Britain to take a larger role on the global stage after years of soured relations with Europe over Brexit and the inward-looking U.K. political soap opera that followed.
Beyond Kotak, is there a China connection to the Hindenburg exposé on Adani?
Social media is rife with claims that the wife of Mark Elliot Kingdon, the man on whom the spotlight fell following Sebi's revelations, has had ties with the Chinese Communist Party and thus China could be another actor in the Hindenburg saga.
EU governments hesitant on Chinese EV tariffs as trade spat escalates
Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while France has been among the firmest backers.
Narendra Modi is shoring up Russia ties as Vladimir Putin deepens China embrace
India, the world’s third-largest crude consumer, has become a major buyer of Russian oil, and is reliant on its military hardware supplies. At the same, relations between China and India have been at a low point since land-border clashes in 2020.
For American brands worried about China, Is India the future?
The surge of multinational brands in India's manufacturing sector signals a shift towards diversification and job creation. Companies like Shree Krishna are fulfilling substantial orders for global retailers, highlighting India's growing importance in the global supply chain.
BII bullish on Indian EV ecosystem, expects to invest USD 300 mn in 3 yrs: MD Abhinav Sinha
Abhinav Sinha of British International Investment envisions India surpassing China in EV adoption by 2030, ahead of Europe and the US, driven by government support and cost considerations, emphasizing the country's potential for significant growth in electric transportation.
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China and European Union agree to talks in bid to head off trade war
China and the European Union have decided to initiate talks aimed at resolving an increasingly tense tariff dispute, with billions of dollars in trade hanging in the balance. According to the Chinese Commerce Ministry, discussions will be held between China's commerce minister, Wang Wentao, and the European Union's trade commissioner, Valdis Dombrovskis. The focus will be on addressing the European Union's proposal to impose tariffs on electric cars imported from China, a move that has sparked significant concern.
EVs versus pork: China has its hand on a raw nerve of Europe
The escalating trade tensions between Europe and China over electric vehicles have the potential to ignite a new trade war. As Europe imposes tariffs on Chinese EVs, China retaliates by targeting European farmers, particularly in the pork industry. This tit-for-tat strategy threatens to impact various sectors on both sides.
Nalanda University: Admission process, courses, eligibility, fees, international collaboration, and campus facilities
Prime Minister Narendra Modi inaugurated Nalanda University's new campus in Rajgir, Bihar, revitalizing its global academic heritage with a focus on sustainability. The institution now offers diverse programs across seven schools, including Buddhist Studies and International Relations. With international collaborations and state-of-the-art facilities, Nalanda University aims to uphold excellence in education, welcoming students through a competitive admissions process.
Satellite launch market grim, need to create internal demand: ISRO chairman S Somanath
ISRO chairman S Somanath stresses the need to create internal demand for rockets, referencing PSLVs, SpaceX, and Blue Origin's strategies.
Israel's 'economic war' chokes occupied West Bank
Palestinian Circus School students in Ramallah face financial hurdles due to international payment challenges, with the school director struggling to purchase equipment from Europe and Asia. Israel's potential banking route severance could impact the West Bank economy It has already been hit by economic curbs and bans on labourers and tourism. Calls for a digital currency emerge as a potential alternative to the shekel in response to Israel's economic policies.
What to know about Europe's extra tariffs on Chinese electric cars
The tariffs, which have been expected for months, come on top of existing 10% duties, but the level of their impact has been disputed. Some European automakers argue they will set off a trade war, but other experts have said they will not stop China's dominance in the industry.
G7 plans to warn small Chinese banks over Russia ties, sources say
U.S. officials expect the G7 wealthy democracies to warn smaller Chinese banks at the upcoming summit hosted by Prime Minister Giorgia Meloni regarding their assistance to Russia in evading Western sanctions.
The business ties that bind the U.S. and China are strong but fraying
Many big U.S. companies depend on China for a substantial part of their income and rely on Chinese suppliers and factories for their products.
A new trade war offers no easy way back for old global order
The US-China trade war has intensified with the use of tariffs and subsidies, impacting Europe and China. US Treasury Secretary Janet Yellen has warned of global business risks.
With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets
Ukraine's allies are debating how to use frozen Russian assets to support Kyiv's war effort amid Russia's territorial gains. The issue of $260 billion in Russian assets frozen abroad is a key concern at the G7 meeting in Italy.
How GoI’s post-poll domestic authority will shape New Delhi’s geopolitics
With India's key strategic partner Russia more firmly entrenched and aligned with China in 2024, the domestic political authority the next government in New Delhi brings to the table - and the way it deploys this capital - will hold the key to how it can position itself at the start of a turbulent phase between a relatively stronger, expanding Russia-China arc of power and a politically strife-ridden democratic coalition of powers.
Reach Europe 20 days earlier and for 30% cheaper: How Chabahar port helps India expand its trade footprints globally
India’s pact with Iran to develop the Chabahar port will give a boost to the multimodal transportation network called the International North-South Transport Corridor, enabling exports from South Asia to reach Europe and Russia.
Two dead, hundreds injured as riots sweep New Caledonia
Two people were killed and hundreds injured in New Caledonia during a second night of rioting, as anger over constitutional reforms from Paris boiled over. The violence began as pro-independence demonstrations and has spiraled into three days of the worst violence seen on the French Pacific archipelago since the 1980s. Despite heavily armed security forces fanning out across the capital Noumea and the ordering of a nighttime curfew, rioting continued overnight virtually unabated.
Starbucks India-origin CEO shares touching story behind his missed Harvard chance and his mother's role in it
Starbucks CEO Laxman Narasimhan recently expressed deep gratitude on LinkedIn for his late mother's profound influence, particularly poignant as he faced his first Mother's Day without her. He credited her resilience and selflessness, emphasizing how her sacrifices shaped his life's trajectory.
Russia-India ties will expand notwithstanding Delhi’s growing ties with other powers: Experts
India aims to enhance global ties under potential Modi 3.0 government, focusing on strengthening partnerships with Russia, US, and Europe. Experts predict a 2024 summit meeting between Indian PM and Russian President, emphasizing the strategic importance of these relationships.
India is a democracy in its own right, says German envoy Philipp Ackermann
"I think it would be futile to discuss whether India is like a western or German democracy because it's simply not because the American democracy is different from Germany. You have to develop a democracy in your own environment that reflects the people and how they work," says German ambassador to India Philipp Ackermann
India's services exports grow 11.4% in 2023: UNCTAD report
Despite global economic uncertainties, India's services exports surged by 11.4% to $345 billion in 2023, outpacing China, whose shipments from the sector shrank by 10.1% to $381 billion, as per a UNCTAD report. Key sectors driving India's growth include travel, transport, medical, and hospitality services. The world's services exports, exceeding $7.9 trillion in 2023 with an 8.9% annual increase in current dollar value terms, were led by developing economies like India, China, Singapore, Turkiye, Thailand, Mexico, and Saudi Arabia. However, India's services imports dipped marginally by 0.4% to $248 billion last year.
IMF chief says productivity, Chinese consumer spending key to boosting global growth
Georgieva told a news conference during the IMF and World Bank spring meetings in Washington that a number of factors are converging to hold back growth in Europe and China, from aging populations to sub-optimal allocations of capital, while the U.S. has far outperformed expectations.
Mideast-related oil price spike threatens 'relatively good' economic outlook: IMF chief economist
The IMF now expects the world economy to grow by 3.2 percent this year and next, and inflation to continue to ease from its post-pandemic high, hitting 5.9 percent this year, and 4.5 percent next year amid elevated interest rates in many countries.
As Canada stumbles, business schools in Eastern Europe & back home gain ground
Indian students are increasingly opting for domestic business programs due to safety concerns and reduced interest in Canada. Affordability is a key factor, with preferences shifting towards the US, Western Europe, and STEM-certified programs in Asia.
Americans invested billions in Chinese companies, now their money is stuck
As recently as 2021, venture investors were pouring nearly $47 billion into Chinese companies, according to PitchBook. It's not just venture capital at risk. U.S. public pensions and university endowments invested about $146 billion from 2018 to 2022, according to Future Union, an advocacy group focused on exploring U.S. investments abroad.
King's Business School lines up a slew of initiatives for Indian students
Recent data from the Universities and Colleges Admissions Service (UCAS) showed a decline in applications from Indian students to British universities this year. While overall international applications saw a slight increase of 0.7%, applications from India witnessed a 4% drop, according to the data released last month. However, at King's Business School, applications and intake from India have been stable. For the last two years, incoming India-domiciled students account for 12% of all student enrolments.
NPCI International signs MoU with Greek bank to take UPI to Europe
NPCI International Payments signs MoU with Greek bank Eurobank for inward remittance from Greece to India through UPI. Indian tourists in France can buy Eiffel Tower tickets via UPI, highlighting its versatility. This initiative positions Greece as one of the first European countries for Indian diaspora remittances.
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